Government wants an additional $160B-to-$200B in foreign investment

Government wants an additional $160B-to-$200B in foreign investment
Fiona Rotherham
By Fiona Rotherham Oct. 14 (BusinessDesk) - The New Zealand government needs an additional $160 billion to $200 billion in foreign investment to meet its target of boosting exports to 40 percent of gross domestic product by 2025. Lifting foreign direct investment in all parts of New Zealand by $5 billion over the next three years is one of the targets released by Economic Development Minister Steven Joyce in an update on the building investment chapter of the government’s Business Growth Agenda. The government is releasing each of the six...